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Poland Growth Upgraded

The Moody’s rating agency has strongly upgraded Poland’s 2017 GDP forecast to 4.3% from an earlier projection of 3.2%. The agency said in a report published on Monday that Poland’s faster-than-expected economic growth and fiscal condition were “credit positive”, Radio Poland reported. The Polish economy grew 3.9% in the second quarter of this year, according to the country’s Central Statistical Office, or GUS. The figure confirms a flash estimate by the office earlier this month, GUS said. In the first quarter, Poland’s GDP grew 4% year on year.